Franchising Program
The initial investment required for a Tim Hortons franchise will vary, depending on your particular needs and choices. If the complete franchise package for a standard store is purchased through Tim Hortons and if the franchisee leases the premises from Tim Hortons, the total initial investment will typically vary between approximately $409,200 and $665,700. Please see additional information below and under FAQs regarding initial investment and non-borrowed capital needed.
Franchise Incentive Program
In addition to the above, our belief in the ability of the Tim Hortons concept to make a positive impact on consumers within the U.S. has prompted us to make a substantial investment in encouraging qualified individuals to join our franchise family. We developed a "Franchise Incentive Program" which is available in most markets, except Buffalo. This Program is intended to act as a catalyst in attracting appropriate franchise candidates for the Tim Hortons concept for the United States.
The program allows short term financing on the cost of the equipment, trade fixtures, furniture and interior signs for a 24 month period from the takeover/opening date.
An initial payment towards the equipment package (i.e. equipment, furniture, trade fixtures and sign) of $20,000 U.S. would be payable when you sign the Franchise Agreement. Your promissory note covers the balance.
During that 24 month period:
- royalty payments are reduced from 4.5 % to 2.5% of gross sales
- rent is reduced from 8.5% to 8% of gross sales
- advertising contributions remain at 4% of gross sales
At the end of the 24 month period, you pay off the promissory note.
You also have the choice of paying the $35,000 franchise fee either:
- when you sign the franchise agreement
- in 104 weekly payments, with interest
Click here to download an application
If you are not a U.S. citizen you will need to comply with United States immigration laws and regulations, and additional investment requirements.
ALL COSTS ARE IN U.S. FUNDS.